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Control · Earned Value Management

Time and cost, measured together.

Earned value management that ties the schedule to the budget. SPI, CPI, earned schedule and EAC calculated from real progress, with the reason behind each index written down.

Spending on plan is not progress.

01

Burn rate mistaken for progress

Half the money spent does not mean half the work done. Without earned value the gap stays out of sight.

02

Indexes nobody believes

SPI and CPI built on loose progress rules swing month to month and lose credibility with leadership.

03

SPI that drifts back to 1.0

Dollar-based SPI returns to 1.0 at the end of a job even when it finishes late. Earned schedule corrects that.

What Beck Franklin does

How we set up EVM.

  1. 01

    Measurement rules agreed first

    Weighted milestones, units complete or percent complete, chosen per activity type before the first period.

  2. 02

    Budget loaded to the schedule

    The performance baseline is the cost-loaded schedule, so planned value follows the real sequence of work.

  3. 03

    Earned value from verified progress

    Earned value comes from statused work, never from invoices or hours charged.

  4. 04

    Earned schedule beside SPI

    Time-based indicators report schedule performance in months, which stays honest late in the job.

  5. 05

    Variance with a cause

    Every control account outside threshold gets a short written cause and a corrective action.

What you walk away with.

Scoped to your project. Native files and plain-English outputs that stay yours when we leave.

Performance baselinePMB

A cost-loaded schedule with control accounts and measurement rules defined and agreed.

EVM reportMonthly

PV, EV, AC, SPI, CPI, earned schedule and EAC at project and control account level.

Variance analysisNarrative

Causes and corrective actions for each control account outside its threshold.

EAC comparisonForecast

Several EAC methods side by side, with a recommended figure and the reasoning for it.

Index trendsLeadership

SPI and CPI over time on a single page for executive review.

Timing

When to call us.

The earlier we see the schedule, the more options you keep.

01

The contract requires EVM

Agency and federal work that specifies earned value reporting.

02

Cost and schedule disagree

Each looks acceptable on its own, and the project still feels behind.

03

You want an early EAC signal

Leadership wants the final cost signal in the first quarter of the job, not the last.

04

Several contractors, one view

Program leaders need comparable performance measures across packages.

Straight answers to fair questions.

Do we need a full EVMS?

Not always. Many projects get most of the value from a lighter setup. We size it to the contract and the decisions you need to make.

What is earned schedule?

A method that measures schedule performance in time rather than dollars, so it stays reliable near completion.

Does EVM work in construction?

Yes, when progress is measured carefully and the schedule is cost loaded. Those are the two things we set up first.

Can I try the math?

Earned Value Pulse in our Controls Lab calculates SPI, CPI, earned schedule and EAC from your own inputs.

Related services.

Earned Value Management

Send the schedule. Act while you have options.

Share the project, the latest XER and the date you are protecting. We will tell you plainly what the schedule is telling you.